Ethereum 4 Hour Price Update

Updated August 10, 2020 11:20 AM GMT (07:20 AM EST)

Ethereum is down 1.17% ($4.64) since the last 4 hour candle, marking the 2nd candle in a row it has gone down. Ethereum outperformed all 5 assets in the Top Cryptos asset class since the last 4 hour candle.

The back and forth price flow continues for Ethereum, which started today off at 390.28 US dollars, down 1.83% ($7.28) from the day prior. The change in price came along side change in volume that was up 12.22% from previous day, but down 72.95% from the Sunday of last week. Out of the 5 instruments in the Top Cryptos asset class, Ethereum ended up ranking 3rd for the day in terms of price change relative to the day prior. The daily price chart of Ethereum below illustrates.

Volatility for Ethereum has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 19 out of the past 30 days.

Behold! Here are the top tweets related to Ethereum:

Nobody wants DeFi to run on shitty consensus systems that are prone to all kinds of abuse, $EOS cartels are a good example, $TRX is a joke and $ADA is still far far awayEthereum still wins in that regard which is why DeFi is built on EthereumTo win, governance will be key

The creator of Ethereum cant confidently tell you what the total supply of ETH is, what it will be in the near or medium term, nor what it will be in the long term.Only that there will be more created based on his & his cronies subjectivity. This isnt crypto, its fiat.

One good thing that came out of this, imo, is that it helps shed light on the differences between the two communities.Hardliner bitcoiners dont understand Ethereum people at all, and vice versa. Its really quite amusing, given how obsessed the 2 camps are with each other /12

For a longer news piece related to ETH thats been generating discussion, check out:

Vitalik Buterin highlights the importance of EIP-1559 to Ethereums supply | CryptoSlate

If youve been following Ethereum over recent months, the term EIP-1559 has likely come up many times.CryptoSlate does not endorse any project or asset that may be mentioned or linked to in this article.None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. 2020 CryptoSlate.

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Ethereum (ETH) Down $4.64 in Last 4 Hours, Started Today Down 1.83%; in an Uptrend Over Past 90 Days - CFDTrading